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- Polkadot and Bitcoin Price Predictions by Analyst Michaël van de Poppe
Polkadot (DOT)
- Michaël van de Poppe, a popular crypto analyst, believes that Polkadot (DOT) is poised for a significant rally.
- DOT is currently trading at $7.21, up 1.97% in the last 24 hours.
- If DOT can break through its immediate resistance at $9.40, van de Poppe predicts that it could surge more than 135% to $17.
Bitcoin (BTC)
- Van de Poppe was surprised by Bitcoin’s (BTC) sudden move to the upside on Friday, crossing the $48,000 level.
- He believes that Bitcoin is a safe-haven asset in the event of an economic collapse.
- Bitcoin is currently trading at $47,436, up nearly 3% in the last 24 hours.
Van de Poppe’s Outlook on the Debt Level of the United States
- Van de Poppe cited a recent interview where Russian President Vladimir Putin expressed concern about the debt level of the United States.
- He believes that this is a significant concern that could lead to an economic collapse.
- Van de Poppe recommends buying Bitcoin and gold as a hedge against bankruptcy, not inflation.